Evening Republican, Volume 19, Number 79, Rensselaer, Jasper County, 3 April 1915 — A. Leopold to Erect Five More New Houses This Year. [ARTICLE]

A. Leopold to Erect Five More New Houses This Year.

A. Leopold, although past fourscore years of age, is still our most optimistic citizen and he sets stability to his confidence by a constant program of building. Very early in the year he began the erection of two fine large houses just south of his own residence on Front • street, tearing down an old property that brought him good rent returns. The house demolished to make room for the new houses was the birthplace of the editor and it was not a new house when that event took place some forty-two years ago. The houses Mr. Leopold is having built there are modem in every respect, being supplied- with furnaces and other conveniences. They will cost all qf $3,000 each, in addition to the lot values. They will have to rent for S3O a month to bring proper return on the investment. The building program of Mr. Leopold will not cease with the erection of these two houses, however, for* he will soon begin the building of five other houses. These will be on lots in his “Oklahoma” addition in the east part of town. They will he smaller and built to rent for $lO to sl2 per month. All will he put in good condition, just as all of the Leopold properties always have been. There is a demand for good renting property and it will increase in all probability, just as Mr. Leopold feels sure that it will. His judgment has been good in the past many years and to his enterprise and optimism is due much of the splendid upbuilding of this city.